I'm glad to know that more countries are regulating cryptocurrencies to protect its citizens getting scammed by those people who are taking advantage of the situation being unregulated. This would remove the uncertainty of some businesses adopting cryptocurrency since they know that the government has already a responsibility when it comes to issues regarding cryptocurrency. Some citizens who are skeptic at first would be encourage to use cryptocurrency too because they know it is already legal.

I hope in the future other countries would just regulate crypto instead of banning it because there would always be people who are willing to pay their share of the taxes than hiding and using VPN just to invest and earn crypto and the government lose more funds.

I assume that you are just starting the crypto world as well so you are deciding what career you are going to take. I suggest to take the full time job first because in cryptocurrency, even if there is a potential to earn big profit, it is still uncertain because you still have to study the market and it wouldn't take just a day. You need experience to be profitable in trading and most of the time, newbies lose first until they learn and then be profitable afterwards which may take months or years of experience.

Just do your full time job and then make trading and investing a sideline. After your office hours, you can study trading and if you don't like being an active trader then just invest but it still needs time because you need to research the coin first before investing if it has the potential to increase in value in the future. If you are doing trading, then do it until such time when you are earning as much as your full time job or even higher and on that point, decide if you wanted to still continue your full time job or just do trading.

Blockchain in telemedicine is good but my question would be where area are you planning to apply the telemedicine or what is the target market? Is it in rural areas or the city? Telemedicine is a big help for the people to not travel especially if they live in a far place which maybe hours away from hospital but then there are times when a doctor is needed on the spot because he needs to check the patients condition physically so that he can pinpoint what is wrong with the patient and can provide the right medicine.

Besides that, those old people have some problems when it comes to technology so if they do not have companion then it would be hard for them to operate the system to contact the doctor. The help of the government is needed as well when it comes to this because there would be times when there is emergency patient and you need to transport them immediately.

You can handle it by having a trading plan always. Although you can just choose to hold your coin just like the majority when the coin is going down, you can have the opportunity to sell it higher in price so that you can buy lower. If you choose the high volume coins then there is not that much volatility compared to low volume that are prone to pump and dump. If you set your stop loss around 10% or 15% and the coin continue to go lower and if you didn't sold it earlier then you would have lose 50%. You can now buy more of the coin because you have a trading plan.

You cannot avoid to be emotional when trading especially if you are a newbie but through experience you will get through it. Do not be afraid to lose because you will learn more from it.

I can relate with your situation. There are times when I can't stop myself in spending but I just think of it as a reward to myself. There are times when we have to give in and buy what you like so that you will be inspired to earn more and do well. It would make us feel good and we wouldn't be that stress when we do our job because we are satisfied but then we should not just overindulged and think that there are more important things to spend our money. If you want to really buy something that you like in the future then think of a way to increase your income so that your budget will not be affected.

This is the reason why we should not just blindly follow any trader even though some of his charts are spot on because of the possibility that he himself and his group has something to do with the market price. There are so many newbies in the crypto world and even those that are not newbie that have been rekt by these pump and dump groups.

I am guilty of joining some pump and dump groups before and I even have a software to buy and sell quickly but then decided to just stop because I lose more. I decided to just study and trade on my own. Those traders who are showing those charts are just for my reference and make my own analysis. Joining pump and dump groups is not advisable and there is also the risk of your account being suspended if the exchange detected that you are doing such scheme.

Good points OP. I believe that the secret of successful part time traders is experience. Through it, they were able to estimate the time needed for them to analyze and execute a trade. Even though they have limited time, they can still do what needs to be done because they know and understand what they are doing and you can only do so through experience.

I do believe that the aim of part-time traders is to be a full time trader someday and for the time being, he needs to jumble all the things he needs to do like doing his job, having time with family and trading even if he has little to no rest. He sacrifice time so that he can have as much free time as he want in the future.

In terms of security, crypto would be safer as long as you take the necessary measures to insure the security of funds like keeping it in a hardware wallet that no one will have access to except you and you alone have the copy of the private key and password. Even if someone will get the wallet, they wouldn't be able to access it because you hold the key to it.

If you keep your money in the bank then they have access to your money. I have seen so many news about accounts being deducted without the account holders knowing it and only discovering it when they check the balance. There is an insurance though in banks that is not existing when it comes to crypto. If you would just be careful then your money is safer in crypto than banks.

With our fast paced economy today, blockchain and AI would be a big help because it can provide the security and transparency that we needed to have smooth transaction. Most people nowadays want something that is instant like in foods, messaging and almost in every aspect of our lives. Some of this things cannot be done by human alone so the help of blockchain and AI would be able to fulfill what some people need.

Having cryptocurrency is just the first step of having blockchain technology but then we can see that some of the companies are already studying how they can incorporate blockchain to their systems so that they can provide the same quality to their customers with a lesser cost. Some of the biggest companies are already using blockchain and later on other small companies would follow which would result in mass adoption.

Here is the link for some of the companies http://fortune.com/2017/12/26/blockchain-tech-companies-ibm/

Iran is struggling with their own currency so they don't want to add in the crisis anymore by banning cryptocurrencies because as what you said to combat capital outflow. They are planning to make their own cryptocurrency as well because of what Venezuela had done by referring to this news https://cointelegraph.com/news/turkey-iran-to-release-state-backed-cryptocurrencies-on-heels-of-venezuelas-petro

We are yet to see what will be the effect of them having their own digital currency because even if it is crypto, it is still centralized so I think some people with still deal with cryptocurrencies by having peer to peer transactions even if there is a risk of them getting caught.

Having regulation for ICOs is badly needed because people are losing their trust in ICOs due to scams happening every now and then. It is in due time that Japan would do it because other countries are implementing it and we know Japan has a regulation for cryptocurrencies already so a regulation for ICO is a must too. This would prevent the scammers in getting the investors money and for the legit ICOs to gain the trust again that they lose because the scammers trample it. Sooner or later other countries would follow suit which should be the right way.

Wow! He has a large stash of bitcoin. Wondering how much did he paid for 30,000 btc. Well with the market recovery, so many good news are appearing about bitcoin and cryptocurrency. Soon, more people would get in again. A claim by an investor like Tim Draper cannot be easily ignored. Surely, he knows what he is talking about because he wouldn't just easily invest into something when he didn't research properly about the possibility of an investment vehicle to flourish in the future. An estimate of $250,000 in four years is possible but we will still watch how the government and banks react to it.

Even though it has been a decade since the inception of cryptocurrencies, we are still in the early stages of it because it is only recently when more people knew about cryptocurrency. Most of the people before in the early stages when its value is below $100 do not believe its value will come to this and some even forgot that they have a stash of it. What I want to point out is that we cannot come to a conclusion yet what will be happen to cryptocurrency because it is yet too early.

You can see that nowadays it is treated more as an asset than a currency because of some restrictions like transaction fee, confirmation time and the number of merchants accepting it. The price of it as well is a big factor why some people choose to hold their coins instead of spending it. This is a good opportunity to grow your money but time will come when bitcoin will reach a point of stability and people will use it as currency.

You have a good advice OP but sometimes people just cannot control their emotions that's why they decided to just sell every thing and exit the crypto world while others would sell their coins to buy lower. In my point of view, if I already lost more than 20% of the value of my investment then I would rather hold it and wait for sometime even if it would take months for me to wait for profit.

With the recent bear market, I saw the downfall of some coins losing more than 90% of its value and learned my lesson to cut loss if possible the next time. It is already anticipated that prices would go down because of the bull run last December but I didn't expect it would go down that much so I devise a different strategy so that I would be ready next time.

At first, you cannot avoid being FOMO'd because you just want to earn some profit and you can see that the price is increasing so you don't want to miss it out. You are still being controlled by your emotions when it comes to trading that's why more often than not you will lose because when others are already selling, you are already buying and would end up being dumped.

You can only deal with FOMO when you already have experience in the market. The important one is that you should have a trading plan knowing when to buy and sell so that you will not be controlled by emotion since you have a rational mind and firm with your decision not being affected by whatever is happening in the market.

I don't believe with survey results because there are times when they have already chosen the respondents and it is not the view of the general public. Besides that, the reason why there are cryptocurrencies is because it is decentralized. It would mean no one controls it so it is to be expected that a digital currency that would be issued by a bank is just the same as fiat which is controlled. It is just a tokenized version of fiat currency controlled by bank and government. Besides that, many are against XRP already because it is centralized.

If majority of people decides to hold bitcoin then price would go up because of scarcity of supply but at the same time it would not be use as what Satoshi has visualize for it to be - a currency. A currency needs to be use not just holding it because if someone refuse to use it and just wait for the price to go up then it would end up being more of an asset. It is treated like stocks and not really a good way for mass adoption. It is just ironic that many are excited about mass adoption but refuse to use their coins for their true purpose and hold it.

I know that some factors like transaction fee and confirmation time is an issue why some people refuse to use it and just choose to hold but later on it will be solve and we can observe now, transaction fee is very cheap now compared to its fee months ago which is 100x as much. If bitcoin would have a stable price then it would be use more as currency rather than an asset.

I don't think a bot will be effective if the one who run it doesn't have a solid strategy to begin with. A bot is set up so that you can catch trades when you are not looking at the charts and you can avoid being emotional when trading but there are times when you have to stop the bot and manually trade because your bot strategy is not effective in the current market situation so you have to do it yourself.

When you cannot profit manually then how can you expect to profit when it is automated. The strategy will be base on manual trading so you need to understand first why you are losing and search a strategy that will work for you. You still need to tweak the bot strategy from time to time to adopt to market situation so I suggest to manually trade and afterwards when you are confident with your strategy, make a bot to do it.

I have almost the same story as you OP. I did not first learn about bitcoin about its purpose but I was inclined to invest in HYIPs because it is easy money. Since there are so many HYIPs, I decided to buy bitcoin and decided to divide what I bought to several of them. There are some HYIPs that are only hours and you can earn while some take days or months. The returns are too good to be true but still I push through because I am greedy. Later on, one after another those sites are gone along with my money and I am very discouraged. I decided to just stop with it but then I can still see so many people earning through trading so I search for more information and found this forum. I am very thankful because this forum has been a big help me.

With the surge of Initial Coin Offerings in 2017 and the current price of the coins this year, some people are discouraged to invest in ICOs because they would have obtained more coins if they buy now compared to ICO as the price is half or even 1/10th of the ICO price. Many investors are discouraged but still there are some who are successful with their investments and still choose to invest in ICOs because they know what to find in an ICO just what you suggested OP. As for me, I prefer to invest in a coin when it is already listed in exchanges because there is a higher tendency it would be lower than ICO price.